News:
Brokerage
Posted: January 28, 2016
Harpool Commercial Realty and DJM Real Estate close $1.53 million sale
145 Spencer Street - Manchester, CTManchester, CT Shirley Harpool, principal of Harpool Commercial Realty, LLC based in Ansonia, Conn., in conjunction with Lara Sessler, director of DJM Real Estate, a division of Gordon Brothers Group, completed the sale of a former Mill Stores location at 145 Spencer St. The site was owned and operated as a Mill Stores furniture location since 1996.
The 34,680 s/f freestanding building on 4.13 acres, zoned B-3, sold for $1.53 million from 145 Spencer Street, LLC to Robert Nichols, Trustee of The 320 East Main Street Realty Trust, an investor.
“This site offers a great opportunity for a tenant looking to operate near the proposed Walmart Supercenter development located one quarter mile away at 205 Spencer Street,” said Sessler who is now assisting the Trust to find a tenant for the space.
MORE FROM Brokerage
Rouse of Sweeney Real Estate & Appraisal leases 1,789 s/f office
East Greenwich, RI Christina Rouse of Sweeney Real Estate & Appraisal represented the landlords at the Greenwich Mills (42 Ladd St.) in the lease of 1,789 s/f of office space. The renovated mill property located
Columns and Thought Leadership
The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde
This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.
End of the year retail thoughts - by Carol Todreas
Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.
